Socio-Economics & History Commentary

YouTube:David Tice (http://prudentbear.com) and James Turk, Director of the GoldMoney Foundation, talk about the 1999 credit bubble symposium, which warned about the dangers of reckless money printing and asset price inflation.–They talk about how Keynesian and monetarist economics have led us down this path, while Austrian School teachings of Mises, Rothbard and Hayek were ignored.–They also talk about gold mining, the risks involved and how diversification helps to mitigate these. They emphasise the importance of physical gold bullion as opposed to “paper gold” — pointing out that the latter is not a tangible asset.–James and David talk about stocks, volatility and the dangers of another Lehman-style market meltdown, and discuss potential “black swan” events on the horizon. They discuss currencies — with particular emphasis on the plight of the US dollar — and note that many countries are resorting to capital controls in an effort to stem the appreciation in their currencies.–Both men emphasise the importance of education and learning about monetary history. James makes his point that it is not gold, but rather central banks that are the barbarous relic. They also discuss the importance of distinguishing between price and value; in the case of gold it should be valued in relation to its peers — that is, other forms of money. Using this metric it is still undervalued.–This interview was recorded in August 2011 at the GATA conference in London. David Tice is a shareholder of GoldMoney.com.

The scramble for physical gold by countries has begun. Many central banks all over the world are accumulating physical gold. They know that the USD will eventually be greatly devalued. There are no safe currencies compared to gold. Even the safest fiat currency: the Swiss Franc is being competitively devalued. The Swiss government knows that the strong Swiss Franc is hurting their economy and is considering pegging it to the Euro. The world is undergoing competitive devaluations, currency war. This will lead to a global monetary meltdown. Got gold yet?
–As Chavez Pulls Venezuela’s Gold From JP Morgan, Is The Great
Scramble For Physical Starting?by Tyler Durden,http://www.zerohedge.com/In addition to the nationalization of his gold industry, Chavez earlier also announced that he would recover virtually all gold that Venezuela hold abroad, starting with 99 tons of gold at the Bank of England. As the WSJ reported earlier, “The Bank of England recently received a request from the Venezuelan government about transferring the 99 tons of gold Venezuela holds in the bank back to Venezuela, said a person familiar with the matter. A spokesman from the Bank of England declined to comment whether Venezuela had any gold on deposit at the bank.” That’s great, but not really a gamechanger. After all the BOE should have said gold. –What could well be a gamechanger is that according to an update from Bloomberg, Venezuela has gold with, you guessed it, JP Morgan, Barclays, and Bank Of Nova Scotia. As most know, JPM is one of the 5 vault banks. The fun begins if Chavez demands physical delivery of more than 10.6 tons of physical because as today’s CME update of metal depository statistics, JPM only has 338,303 ounces of registered gold in storage. Or roughly 10.6 tons. A modest deposit of this size would cause some serious white hair at JPM as the bank scrambles to find the replacement gold, which has already been pledged about 100 times across the various paper markets. Keep an eye on gold in the illiquid after hour market. The overdue scramble for delivery may be about to begin.

Revelation 2:9 - .... and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

Zionist ‘666’ Israel is illegally occupying Palestinian land and are committing war crimes daily. They are imprisoning Palestinians in an open air prison called Gaza. They are starving the Palestinians in Gaza and denying/limiting them basic necessities! These are war crimes!
–

Modern Ashkenazi Jews are not the Jews of the Bible!
–Israeli troops shoot dead Palestinian approaching borderhttp://www.telegraph.co.uk/Israeli troops shot and killed a Palestinian man on Tuesday in the Gaza Strip as he came near to the border with Israel, Palestinian medics and witnesses said.–The shooting came hours after Palestinian medics reported that a Palestinian was killed and seven wounded in at least four overnight Israeli air strikes across Gaza. The Israeli military said its aircraft had targeted four areas in the Gaza Strip in response to the firing of a Grad rocket from the Palestinian territory into southern Israel.–The man killed near the border fence with Israel was identified by his family as Mohammed al-Majdalali, aged 22. Majdalali had approached the border east of the refugee camp of Maghazi in the central Gaza Strip, the sources said. Relatives said he did not belong to any armed group.–An Israel army spokesman confirmed that “soldiers opened fire at a suspect who was approaching the border fence in this sector, and hit the suspect.” She did not say if the suspect had any weapons or explosives on him. The Israeli army opens fire systematically on Palestinians who go near the border fence separating the Gaza Strip from the Jewish State to prevent attacks on patrols, infiltration attempts or bids by suspects to plant bombs.–Earlier on Tuesday Adham Abu Selmiya, spokesman for the Hamas-run emergency services in the Gaza Strip, said air strikes had killed one Palestinian and wounded seven in the coastal enclave. “We learned of the martyrdom of the youth Musa Shtawe, 29, who died of his injuries after a strike east of Gaza City,” he said. “The outcome of the Israeli aggression during the past 24 hours is now one martyr and seven injured.” The Israeli military did not specify which sites it had targeted, but Palestinian sources said they counted five air strikes across Gaza.

Zionist ‘666’ Israel is a lawless, neo Nazi, criminal state. It is mentally ill ! It is time for the total and peaceful dismantling of this Satanic counterfeit!
–Daily Rogue State Israeli Lawlessnessby Stephen Lendman, http://sjlendman.blogspot.comIt begs the question why Israelis put up with lawless governance harming them as well as Palestinians. When will weeks of social injustice outrage arouse them to embrace universal equity? Why haven’t Martin Luther King’s words hit home that, “Injustice anywhere is a threat to justice everywhere.” In Israel and Occupied Palestine, Arabs and Jews both are harmed. Injustice to anyone denies it to all.–Since the 1980s, destructive neoliberalism plagued Israel like the West. A race to the bottom followed, producing social injustice, inequality, and growing human need. Israelis finally reacted, demanding change, at the same time showing a hint of solidarity with Arab citizens, far more gravely impacted than themselves. It’s high time that spirit addressed 44 years of Occupied Palestinian torment.
–
Permitting that to go on betrays core Judaic tenets. In their own time of need, will Jews embrace the universal struggle for justice everywhere, especially a few kilometers from their own backyard. Turning a blind eye to that injustice no longer can be tolerated. What’s now ongoing bears witness. Overnight, Israeli jets bombed Gaza, killing at least one resident and wounding seven or more others (including a child) in a series of lawless raids.–Gaza’s medical emergency spokesperson, Adham Abu Salmiyya, said three residents were seriously injured after Israel bombed the Al Zeitoun neighborhood, Rafah tunnel areas, and an alleged Al Qassam Brigades training center in Gaza City’s At-Tuffah community. Further attacks struck eastern Khan Younis, causing extensive damage but no injuries. Israel targets Gaza regularly by air, land and sea, falsely claiming self-defense every time. It long ago rang hollow. Imagine if instead Israeli neighborhoods were bombed regularly, killing innocent civilians? Western leaders would express outrage in response.–In contrast, when Palestinians are killed, it goes unnoticed, notably by major media sources more focused on supporting NATO aggression, slaughtering people in the name of “liberating” them. The hypocrisy is stark and galling, yet commonplace backing wrong over right. The horrors need volumes to explain. Earlier on Tuesday, Israeli forces also razed Palestinian farmland south of Hebron, bulldozing fruit trees belonging to several Palestinian families. At the same time, several Hebron neighborhoods were raided. In addition, residents of Yatta, Tarqomia, and other Palestinian communities face regular Israeli incursions, harassing and aiming to displace them.–… for the full article click here!–

Modern Ashkenazi Jews are not the Jews of the Bible! God’s covenant was with Abraham and his biological descendents. Ashkenazi Jews are not semitic and their ancestors were never in Palestine. They are not the descendents of Abraham. They have no right to stay in Palestine. What the Zionists are doing to the Palestinians is called: genocide and ethnic cleansing!
–1980 Jewish Almanac“Strictly speaking it is incorrect to call an ancient Israelite a ‘Jew’ or to call a contemporary Jew an Israelite or a Hebrew.” (1980 Jewish Almanac, p. 3) .The Jewish Encyclopedia: “Khazars, a non-Semitic, Asiatic, Mongolian tribal nation who emigrated into Eastern Europe about the first century, who were converted as an entire nation to Judaism in the seventh century by the expanding Russian nation which absorbed the entire Khazar population, and who account for the presence in Eastern Europe of the great numbers of Yiddish-speaking Jews in Russia, Poland, Lithuania, Galatia, Besserabia and Rumania.” .The American Peoples Encyclopedia
… for 1954 at 15-292 records the following in reference to the Khazars: “In the year 740 A.D. the Khazars were officially converted to Judaism. A century later they were crushed by the incoming Slavic-speaking people and were scattered over central Europe where they were known as Jews.–According to the standard Jewish Encyclopedia 96% of all the Jews known to the world today are descendents of the Khazar tribes of Russia, Eastern Europe and western Mongolia.
–

The Bible specifically forbids the ill-treatment of people different from us ie: strangers. What Zionist ’666′ Israel does to the Palestinians is called: genocide and ethnic cleansing! Zionist ’666′ Israel is in total violation of God’s law!
–Exodus 22:21“You shall neither mistreat a stranger nor oppress him, for you were strangers in the land of Egypt.”Exodus 23:9“Also you shall not oppress a stranger, for you know the heart of a stranger, because you were strangers in the land of Egypt.”Leviticus 19:33‘And if a stranger dwells with you in your land, you shall not mistreat him.’Leviticus 19:34The stranger who dwells among you shall be to you as one born among you, and you shall love him as yourself; for you were strangers in the land of Egypt: I am the LORD your God.Leviticus 23:22‘When you reap the harvest of your land, you shall not wholly reap the corners of your field when you reap, nor shall you gather any gleaning from your harvest. You shall leave them for the poor and for the stranger: I am the LORD your God.’Leviticus 24:22You shall have the same law for the stranger and for one from your own country; for I am the LORD your God.Ezekiel 47:22-23 22 It shall be that you will divide it by lot as an inheritance for yourselves, and for the strangers who dwell among you and who bear children among you. They shall be to you as native-born among the children of Israel; they shall have an inheritance with you among the tribes of Israel.23And it shall be that in whatever tribe the stranger dwells, there you shall give him his inheritance,” says the Lord GOD.–